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Nov 15, 2012
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it will endanger israel's relations with egypt if they do this. but at the same time, they say it's what we have to do if we -- it may be what we have to do to achieve our goal of stopping palestinians from firing rockets inside israel. 850 rockets fired this year. >> martin, thank you for keeping us updated. you keep safe as well. >>> next here on "street signs" -- we plot out your fiscal cliff portfolio with the head of schwab advisors. >>> the big warning about energy drinks. another popular brand could be linked to multiple deaths. that story straight ahead. sometimes investing opportunities are hard to spot. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. >>>
it will endanger israel's relations with egypt if they do this. but at the same time, they say it's what we have to do if we -- it may be what we have to do to achieve our goal of stopping palestinians from firing rockets inside israel. 850 rockets fired this year. >> martin, thank you for keeping us updated. you keep safe as well. >>> next here on "street signs" -- we plot out your fiscal cliff portfolio with the head of schwab advisors. >>> the big warning...
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Nov 22, 2012
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how significant is it that egypt is playing the shots? >> when it came to trying to mediate the deals, egypt has played a critical role what has changed is the dynamics, the ally of the west and the de facto ally of israel is no longer in power and the egyptians became an entity and that changed a lot of the dynamics and that has changed the way it has been playing out here on the ground. the frame work of what is transpiring here, that is what has changed at this point. most certainly, given the fact that it is a young government, it has in one sense past that first critical test. thank you very much indeed. >> welcome to you. >> thank you for having me. >> can you you outline what you believe the spirit of this agreement to be today? it is an arrangement that has been with the support of the united states and it promises us the people of southern israel peace and quiet. that they no longer have to fear rockets coming in. the promise of the possibility to live a normal life. >> i understand that it promises the people of gaza a better fu
how significant is it that egypt is playing the shots? >> when it came to trying to mediate the deals, egypt has played a critical role what has changed is the dynamics, the ally of the west and the de facto ally of israel is no longer in power and the egyptians became an entity and that changed a lot of the dynamics and that has changed the way it has been playing out here on the ground. the frame work of what is transpiring here, that is what has changed at this point. most certainly,...
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Nov 20, 2012
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can israel really trust egypt or turkey? martin fletcher joins us now. >> larry, it's been another day of bitter fighting between palestinians and israels. they have been continuing to bombard targets in gaza. over 110 palestinians, several hundred wounded. the palestinians at a lower pace than before. the rockets fired at israel today. no serious damage done today. successfully intercepted those rocketsment all of the attention is on the question will israel invade gaza with its army or will there be a truce. there is intense negotiations especially in the arab world. trying to get israel and hamas to agree to a truce. but the question now is what will come first? truce or a ground invasion? very close call. everyone, of course, hoping that a truce will take place but an israeli invasion is very much on the coards. >> now let's get some good analysis. we have dan, co-author of start-up nation. dan, welcome back. you know, this whole business about this discussion israel supposedly negotiating with turkey and egypt. a former
can israel really trust egypt or turkey? martin fletcher joins us now. >> larry, it's been another day of bitter fighting between palestinians and israels. they have been continuing to bombard targets in gaza. over 110 palestinians, several hundred wounded. the palestinians at a lower pace than before. the rockets fired at israel today. no serious damage done today. successfully intercepted those rocketsment all of the attention is on the question will israel invade gaza with its army or...
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Nov 14, 2012
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the israeli ambassador will be leaving egypt within a few hours. this attack in gaza is becoming an international event, which could threaten to make the region even more volatile. >> martin fletcher, thank you very much. maria. >> well, the attack having a major impact on the oil market today. we're watching prices move up. bertha coombs is here with that angle. over to you. what can you tell us? >> as those headlines cross, and in particular the headlines coming from israel that this was the beginning of a prolonged effort to combat hamas. that is what september oil spiking up 1% on a day when after poor retail sales, we really were seeing not much movement at all. traders are saying this definitely puts the geo political risk on the table as martin describes. the fact this could spread and cause more destabilization in the area. what they look for as well, this is not an oil producing area. this could spread. what it means if israel is willing to act so forcefully with regard to israel, perhaps, and iran. that is the big picture and what would r
the israeli ambassador will be leaving egypt within a few hours. this attack in gaza is becoming an international event, which could threaten to make the region even more volatile. >> martin fletcher, thank you very much. maria. >> well, the attack having a major impact on the oil market today. we're watching prices move up. bertha coombs is here with that angle. over to you. what can you tell us? >> as those headlines cross, and in particular the headlines coming from israel...
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Nov 21, 2012
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those will be anchored and supported and guaranteed by egypt and the united states to try to resolve the key demands on both sides. the sticking points are still hamas wants the blockade of gaza lifted immediately. israel wants an immediate end to all weapons smuggling. neither of those demands will be reached today. that's going to take some time. but at least both sides have agreed in principle to these demands and that they need to be worked out. as a result, mandy, there's a collective sigh of relief in this troubled region tonight. back to you. >> thank you very much for the update. >>> let's get down to sharon eper southern at the nymex. as you might imagine, there's been some movement in the energy market. >> definitely. a collective sigh of relief perhaps but traders are still wary. we are still looking at some geopolitical risk premium that remains in this market, though oil is well off of the high. we saw at the beginning of the week and off of the gains we saw earlier in this session. as traders try to weigh what this cease-fire really means in terms of the fact that there
those will be anchored and supported and guaranteed by egypt and the united states to try to resolve the key demands on both sides. the sticking points are still hamas wants the blockade of gaza lifted immediately. israel wants an immediate end to all weapons smuggling. neither of those demands will be reached today. that's going to take some time. but at least both sides have agreed in principle to these demands and that they need to be worked out. as a result, mandy, there's a collective sigh...
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Nov 18, 2012
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remember, gaza shares a common border with egypt and it's a very important connection. so you get the egyptians, you get the turks, the qataris, maybe the saudis to weigh in and the israelis to provide the space and time to allow this diplomacy to take hold, and maybe, although nobody ever lost money betting against arab-israeli peace, maybe, just maybe, you can get out of this. >> aaron david miller. thank you, sir. >> always a pleasure, don. >>> cyberspace is part of the israel-hamas battleground. ahead, how both sides are pushing their messages on twitter and other social media. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> i want you to take a look
remember, gaza shares a common border with egypt and it's a very important connection. so you get the egyptians, you get the turks, the qataris, maybe the saudis to weigh in and the israelis to provide the space and time to allow this diplomacy to take hold, and maybe, although nobody ever lost money betting against arab-israeli peace, maybe, just maybe, you can get out of this. >> aaron david miller. thank you, sir. >> always a pleasure, don. >>> cyberspace is part of the...
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Nov 22, 2012
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into egypt. now the hamas, they want israel to pull the military out. and have a complete opening of the borders. into egypt. general clark, doesn't that open the door, if that ever happened, to iranians rearming, rearming three egypt, through the sinai, rearming hamas just like they always do. >> of course, and israel can't permit that and shouldn't permit that. this is where egypt has to step up and say, we will insure that no weapons get back into gaza. that has to be worked out in stages and demonstrated. it has to be checked and verified. and israel has a continuing interest and should have a continuing right to verify that. >> do you think, general, serious, do you think that hamas, i hope i'm not being too cynical, but hamas in some sense, gained a public relations victory? is that possible? and when you talk about egypt, egypt helped them gain a public relations victory? that kind of burns the back of my neck, general. but that's kind of the way i see it. >> obviously, they are going to s
into egypt. now the hamas, they want israel to pull the military out. and have a complete opening of the borders. into egypt. general clark, doesn't that open the door, if that ever happened, to iranians rearming, rearming three egypt, through the sinai, rearming hamas just like they always do. >> of course, and israel can't permit that and shouldn't permit that. this is where egypt has to step up and say, we will insure that no weapons get back into gaza. that has to be worked out in...
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Nov 17, 2012
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the president of egypt warned israel, practically threatened israel to stop this aggression, as he called it, or else. hamas also wants to show that this is a new middle east. hamas is part of this muslim brotherhood that is here in this part of the arab world, that it has new friends, it believes, and it is not going to take it lying down. we're waiting to see how this develops. it could escalate the next 24 to 48 hours. that's going to be critical. bill? >> thank you, christiane. it will's turn to the other side, hamas may be considered a terrorist organization by the u.s. and israeli governments, but in gaza, they are the elected leaders, embolden by new allies after the arab spring. and abc's alex marquardt has been reporting amid relentless air strikes there. >> reporter: as of tonight, israel has carried out more than 600 air strikes on this narrow strip of land with almost 2 million people. they've left some 30 palestinians dead and scores wounded. most of them civilians, according to gaza health officials. here at gaza's biggest hospital today, we saw a steady stream of wounded ar
the president of egypt warned israel, practically threatened israel to stop this aggression, as he called it, or else. hamas also wants to show that this is a new middle east. hamas is part of this muslim brotherhood that is here in this part of the arab world, that it has new friends, it believes, and it is not going to take it lying down. we're waiting to see how this develops. it could escalate the next 24 to 48 hours. that's going to be critical. bill? >> thank you, christiane. it...
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Nov 16, 2012
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this is about egypt and the 1979 peace treaty. >> right. i'm going to get back to the whole issue of the spreading war. but i'm just real interested in the assessment, ambassador williamson, welcome back, that israel can just inflict massive, permanent damage on hamas and their alleged military. >> well, larry, first of all, i think it's really important to take a step back. we've been involved in a presidential election that sucked up the oxygen. hamas is a group that's recognized as a terrorist organization by the u.s. government, the israeli government and the european union, has increased shelling in areas of israel over recent weeks. they now have shelled tel aviv and 180 missiles went into southern israel. so israel for its own self-defense, its right of self-defense is organizing, rallying more reserve troops, getting ready for more permanent action. it can and should do what's necessary to protect its citizens, which means inflicting damage on hamas. >> heavy damage, deep damage. go as long as it takes. but john, given what you and
this is about egypt and the 1979 peace treaty. >> right. i'm going to get back to the whole issue of the spreading war. but i'm just real interested in the assessment, ambassador williamson, welcome back, that israel can just inflict massive, permanent damage on hamas and their alleged military. >> well, larry, first of all, i think it's really important to take a step back. we've been involved in a presidential election that sucked up the oxygen. hamas is a group that's recognized...
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Nov 24, 2012
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>> iran is competing with egypt. they want to win. their chance is to have more extreme on the outside. so they support not only hamas, but also the jihad. >> islamic jihad. >> islamic jihad in gaza. so the islamic jihad forces them also to be more extreme. one of the problems in gaza is there is nobody to really -- there is a competition among four or five different groups. the sell afterists and the jihad and many other groups and they're competing and iran is supplying arms to all of them. >> so who do you negotiate the cease-fire with? >> look, hamas has to take charge, otherwise they don't have a future. >> can they? >> i think yes. they don't have a choice. not only them, but the others, too. if hamas won't take a position, the people in gaza will say -- to those others, stop it. what are you doing to? there are people in gaza too. and none of us want to see them suffering. it doesn't give us any pleasure. >> we'll have more from wolf's interview with shimon peres in a little bit. among other things, peres has some advice for ev
>> iran is competing with egypt. they want to win. their chance is to have more extreme on the outside. so they support not only hamas, but also the jihad. >> islamic jihad. >> islamic jihad in gaza. so the islamic jihad forces them also to be more extreme. one of the problems in gaza is there is nobody to really -- there is a competition among four or five different groups. the sell afterists and the jihad and many other groups and they're competing and iran is supplying arms...
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Nov 17, 2012
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they want to test egypt and they're winning. egypt is supporting them. qatar is supporting them, turkey is supporting them. this is what's so dangerous about this. this makes the likelihood of peace in the middle east much harder and it empowers gaza and weakens the palestinian authority and i agree with nick that it would be best that the palestinians and israelis sat down and treed to work it out among themselves, but this all relates to the big picture. and you've been to syria and it's an absolute basket case. >> and it is heartbreaking. you see these middle class -- i talked to one woman who a week ago was living this middle class existence with her husband and a nice home in aleppo and a bomb destroys her house and now her husband goes missing and she's living with her family in a white tent in the middle of nowhere. this is happening day in and day out and i think the turmoil in gaza is a gift of president assad. it's a kind of distraction that he's delighted to have. >> the world in the arab community is paying more attention to 30 people being k
they want to test egypt and they're winning. egypt is supporting them. qatar is supporting them, turkey is supporting them. this is what's so dangerous about this. this makes the likelihood of peace in the middle east much harder and it empowers gaza and weakens the palestinian authority and i agree with nick that it would be best that the palestinians and israelis sat down and treed to work it out among themselves, but this all relates to the big picture. and you've been to syria and it's an...
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egypt, the policy of the western world was egypt by propping up mubarak to have stability, quote, unquote, was account of greenspan stability we have, that kind of pseudo moderation. things were brewing under the surface and now we pay the price after 40 years of sadat and the other fellow. so now we have to pay the price. what's going to happen? nobody knows. even the players don't know. we still don't know. i don't think it is going -- we're going to move to democracy overnight. we're going to have turmoil. i don't know what's going to happen but that's identical to the trying to eliminate overstabilization of something makes it weaker. that's what we have in egypt. >> the key message is you need volatility, you need stressors in the system, and you need companies and you need markets who can survive those stressors and thrive by them. >> exactly. we need to encourage people to take certain classes of risk. we need more small fluctuation and fewer big crises. in fact we have the exact opposite. things are smooth but with big -- >> very quickly. you said four rules. can you give them qui
egypt, the policy of the western world was egypt by propping up mubarak to have stability, quote, unquote, was account of greenspan stability we have, that kind of pseudo moderation. things were brewing under the surface and now we pay the price after 40 years of sadat and the other fellow. so now we have to pay the price. what's going to happen? nobody knows. even the players don't know. we still don't know. i don't think it is going -- we're going to move to democracy overnight. we're going...
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of course washington with strong ties to israel, and then you have egypt. they already have their peace treaty with israel, 1979 camp david accord. they said they will not interrupte disrupt that peace treaty, but egypt has strong relations with hamas. hamas was born out of the muslim brotherhood. that's why much of the world is eager to see if the two countries can get together and get these two sides to stop fighting. diplomatic efforts are continuing at this hour, world. >>> and there's no word i take it, reza, whether there will be joint public statements by the egyptian president and hillary clinton? we don't have an indication one way or another yet, do we? >> reporter: the last statements we received from the president's office was that there would be a press conference. that's what we are waiting for. we anticipated in meeting to take place earlier this afternoon local time in cairo with the press conference to follow. this meeting has gone on longer than we expected. >> we'll see if they announce some sort of cease-fire or some sort of great that h
of course washington with strong ties to israel, and then you have egypt. they already have their peace treaty with israel, 1979 camp david accord. they said they will not interrupte disrupt that peace treaty, but egypt has strong relations with hamas. hamas was born out of the muslim brotherhood. that's why much of the world is eager to see if the two countries can get together and get these two sides to stop fighting. diplomatic efforts are continuing at this hour, world. >>> and...
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israel sent its ambassador home from egypt saying it was planned of course. who knows. i think it's a serious moment and at play of course is the peace agreement between israel and egypt. another reason hamas felt safer because they felt israel would do anything at all to not provoke egypt into abandoning peace. so very serious. >> martin fletcher, thank you for your great report. you're the best in the business. >> a fascinating report. thank you, martin. >>> back to some business here in the united states. with a week to go before the official kickoff to holiday shopping season, it is a big day for retail today. we'll be getting quarterly results from walmart, target, both of these companies before the bell. john lawrence covers the sector for stevens. john, first of all, what can we expect from these two companies with the earnings coming out and what are you seeing with how americans are feeling as we head into the crucial retail season? >> certainly in the case of walmart i think we'll see that they're very bullish on what they've been able to do in the marketplace
israel sent its ambassador home from egypt saying it was planned of course. who knows. i think it's a serious moment and at play of course is the peace agreement between israel and egypt. another reason hamas felt safer because they felt israel would do anything at all to not provoke egypt into abandoning peace. so very serious. >> martin fletcher, thank you for your great report. you're the best in the business. >> a fascinating report. thank you, martin. >>> back to some...
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. >> translator: egypt strongly condemns the killing. this is not acceptable. >> joining us to more is martin fletcher, correspondent for nbc news. hi, martin, what you can tell us, what's the latest? >> reporter: you mentioned that the u.n. called for an end to the violence. that didn't happen. the violence is continuing in a big way this morning. the area really is on a knife edge. israel's continuing its attacks in the gaza strip, but also very significantly for israel, targeting also the stockpiles of long range rockets that hamas has which threaten the central citizen in israel, in particular the bigger city tel aviv. so israel taking out those rocket piles from the air, also attacking from the sea. israel's army is poised at the border of gaza, reserves are being called up for a possible ground inflation of gaza, which i think nobody actually wants, but certainly a real possibility. at the same time, palestinian rocket attacks from gaza into israel are also continuing about 150 this morning, most of the israelis have been intercept
. >> translator: egypt strongly condemns the killing. this is not acceptable. >> joining us to more is martin fletcher, correspondent for nbc news. hi, martin, what you can tell us, what's the latest? >> reporter: you mentioned that the u.n. called for an end to the violence. that didn't happen. the violence is continuing in a big way this morning. the area really is on a knife edge. israel's continuing its attacks in the gaza strip, but also very significantly for israel,...
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Nov 26, 2012
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there is no authority in egypt now. he can override any decision that has been made by morsi and that will be made by morsi. in a way, he is trying to create an imperial rpresidency, an imperial presidency that basically anoints morsi as the supreme lead over egypt, period. he monstrously miscalculated. he has thrown egypt into a political and constitutional crisis. he has finally succeeded in unifying the fractured opposition. now not just the liberals and the nationalists and the leftists. millions of egyptians are outraged in morsi addressing his own office of absolute authority. >> that's the question i have though. this has sparked massive protests as we can see. he is now -- you know, he's standing his ground but he also seems to be giving a little ground. is there cause in your view, maybe from our viewpoint, western standpoint, to take a step back and let this play out a little bit before cle clairing egypt's great democracy is over. is there a chance that by the owned the day there will be a resolution and coul
there is no authority in egypt now. he can override any decision that has been made by morsi and that will be made by morsi. in a way, he is trying to create an imperial rpresidency, an imperial presidency that basically anoints morsi as the supreme lead over egypt, period. he monstrously miscalculated. he has thrown egypt into a political and constitutional crisis. he has finally succeeded in unifying the fractured opposition. now not just the liberals and the nationalists and the leftists....
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there have always been historic ties between gaza and egypt. egyptians are very sensitive to everything that goes on in gaza. >> many tunnels from egypt go into gaza to get supplies. >> absolutely. in fact, under mubarak it was much easier because mubarak couldn't care less about hamas. this is a very different issue here, because the muslim brotherhood in egypt really is the mothership, if you will, of hamas and other such organizations. but what will the egyptians do. they have recalled their ambassador from israel and they have told their people that look, president morsi is talking to president obama about bringing the fighting to a halt so that's one thing that we can look forward to. one thing that's very important, tomorrow is friday. there has already been calls for massive demonstration, a million people march, in cairo against the israelis. i think this will be the one country and the one theater to watch. >> fuad, thank you. sara, stay safe. thank you very much. let us know what you think. >>> up next, former cia director david petra
there have always been historic ties between gaza and egypt. egyptians are very sensitive to everything that goes on in gaza. >> many tunnels from egypt go into gaza to get supplies. >> absolutely. in fact, under mubarak it was much easier because mubarak couldn't care less about hamas. this is a very different issue here, because the muslim brotherhood in egypt really is the mothership, if you will, of hamas and other such organizations. but what will the egyptians do. they have...
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. >> i don't want to contradict you, but the analysis earlier on the network was with egypt and israel you're not going to interrupt the flow of oil, and therefore it isn't an oil event and therefore arguably not a market event. >> it may not be an oil event but i think it is clearly a global event that's going to cause investors to get nervous. what people get nervous, the first thing they want to do is feel safe. they want their money. >> kenny, we'll get back to you in a minute. >>> this one's going to cause a lot of outrage, i promise. the nation heading toward the edge of that fiscal cliff with sky-high deficits. while there's talk of cuts, cuts, cuts, a new report out today on waste in the federal government. eamon javers has details in washington. eamon? >> well, the new report is out from senator tom coburn, a republican from oklahoma up on capitol hill. in the report he accuses the department of defense of really becoming the department of everything. he says the pentagon's wasting a lot of money and he's found examples in the pentagon spending money on things like a study for
. >> i don't want to contradict you, but the analysis earlier on the network was with egypt and israel you're not going to interrupt the flow of oil, and therefore it isn't an oil event and therefore arguably not a market event. >> it may not be an oil event but i think it is clearly a global event that's going to cause investors to get nervous. what people get nervous, the first thing they want to do is feel safe. they want their money. >> kenny, we'll get back to you in a...
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egypt then and now took the lead in negotiating. the circumstances, though, are quite dramatically different in a geopolitical sense now. israel wants to stop the rocketing. clearly a desirable objective from their standpoint. and they want to make it to try to deter future action by making this punishment severe but what they don't want to do is lose egypt. a high strategic value to israel is its peace treaties with israel and jordan and -- >> very difficult for president morsi. >> very difficult. >> he's in a very, very difficult position. he's obviously trying to not alienate the americans and the israelis, but at the same time, he's very aware of a lot of rising anger amongst the arab community about what is going on there. >> that's right. every leader in this conflict and in this region faces competing pressures. for morsi, it is just the ones you described. they are the muslim brotherhood. hamas is an offshoot. mubarak opposed and severely contained the muslim brotherhood. morsi is now part of them or they are part of their e
egypt then and now took the lead in negotiating. the circumstances, though, are quite dramatically different in a geopolitical sense now. israel wants to stop the rocketing. clearly a desirable objective from their standpoint. and they want to make it to try to deter future action by making this punishment severe but what they don't want to do is lose egypt. a high strategic value to israel is its peace treaties with israel and jordan and -- >> very difficult for president morsi. >>...
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the historic ties between egypt and gaza in particular and egypt ruled gaza for something like 19 years or so. so, of course, there is a sense of outrage in egypt and anyway, we should remember it was never good between egypt and israel even under mub abak, but what the israelis now miss is sulaiman and the vice president of mubarak. he was tied to israeli intelligence. what kind of proximity and that kind of affinity is gone and what you have in hamas now is the sense that there is an islamist wage in the region and they see the islamist government in tunisia and they look around and see turkey hovering over the region with an islamist government and they feel the wind is blowing their way. >> do you think it is blowing their way? >> not at all because in the end the hamas people would be fooling themselves and the palestinians would pay the price for this kind of folly because the arab world is not going to march to the tune of hamas. the saudi monarchy, if you listen to what's happening and what's coming out of saudi arabia, the only thing the saudi monarch said was we need the rule
the historic ties between egypt and gaza in particular and egypt ruled gaza for something like 19 years or so. so, of course, there is a sense of outrage in egypt and anyway, we should remember it was never good between egypt and israel even under mub abak, but what the israelis now miss is sulaiman and the vice president of mubarak. he was tied to israeli intelligence. what kind of proximity and that kind of affinity is gone and what you have in hamas now is the sense that there is an islamist...
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your view from egypt, obviously very changed situation in egypt. fouad saying there is rhetoric in support of hamas, in the end [ inaudible ] like many here in gaza would hope. what do you see? >> i think that's right. there is only so much that egypt could do. what they're trying to do is getting more and more complicated. president mubarak used to hold himself out as a kind of honest broker between hamas and israel. he wasn't, really. he was on the israeli side, more or less, and all the discussions were handled through the intelligence agencies here within the egyptian government. now we see the intelligence agencies talking to the israeli side where they have long-standing contacts and the office of the president, president muhammed morsi of the muslim brotherhood who of course is a long-time fellow islamist ideological ally of hamas, handling the other side. so there are all these talks within the egyptian government to parallel the talks between hamas and israel. what we're seeing the egyptian government begin to do which is i think really ve
your view from egypt, obviously very changed situation in egypt. fouad saying there is rhetoric in support of hamas, in the end [ inaudible ] like many here in gaza would hope. what do you see? >> i think that's right. there is only so much that egypt could do. what they're trying to do is getting more and more complicated. president mubarak used to hold himself out as a kind of honest broker between hamas and israel. he wasn't, really. he was on the israeli side, more or less, and all...
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Nov 21, 2012
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it is so interesting to watch the new egypt emerge here and see what their role will be throughout this and in the future. thank you, john. >>> let's look at where the markets stand right now. it is a good checkpoint here at about two minutes past 1:00 eastern time. industrials up 48 points at 12,835 and change. nasdaq higher by .5%, 2,924. s&p up 2 1/2 points at 1 $1,390.32. gold at $1,731 an ounce. oil moving a little bit higher. the january contract at $86.97, up 22 cents. brent crude at $109.93. michelle? >>> another international note on a store out of europe that we continue to watch as well. there are reports of a deal to release emergency aid to greece could come monday. we're also learning today the european central bank is satisfied with a plan to recapitalize greek banks. that's going to be a key part of any kind of international bailout to get that country back up on its feet. >>> now to shopping an retail. of course it takes center stage this week. before we get to what retailers are hoping for, fearful of, and promising for this crucial holiday shopping season, let's look
it is so interesting to watch the new egypt emerge here and see what their role will be throughout this and in the future. thank you, john. >>> let's look at where the markets stand right now. it is a good checkpoint here at about two minutes past 1:00 eastern time. industrials up 48 points at 12,835 and change. nasdaq higher by .5%, 2,924. s&p up 2 1/2 points at 1 $1,390.32. gold at $1,731 an ounce. oil moving a little bit higher. the january contract at $86.97, up 22 cents. brent...
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Nov 15, 2012
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with egypt at the back hamas will go all out. if they are telling hamas we are have the brother hood. and we have to find a way out of this with stabbility in tact that is going to be a different outcome. >> i think there is no question it was justified. the attacks, they had gone crazy in terms of the scope and intensity. the problem is that the people there, they have a tactical approach here. they are hitting back and have been trying to do this. israel has invaded gaza and these are tactical moves and they succeed. but what is the strategy to deal with gaza? how does this help and how does it play out with the regional strategy? so, i think there is no question it is just fied, the question is, is it smart? is. >> there is real concern and if you don't have cooperation, ultimately you can't control gaza. this undermines the authority and probably is going to undermine the un path which it might like because it shows that the palestinians are divided. we spoke to the prime minister. how big should this be for the us? the admin
with egypt at the back hamas will go all out. if they are telling hamas we are have the brother hood. and we have to find a way out of this with stabbility in tact that is going to be a different outcome. >> i think there is no question it was justified. the attacks, they had gone crazy in terms of the scope and intensity. the problem is that the people there, they have a tactical approach here. they are hitting back and have been trying to do this. israel has invaded gaza and these are...
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Nov 17, 2012
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not long after, air raid sirens went off in jerusalem, and egypt sends its prime minister to the gaza strip in a show of solidarity with the -- and did general petraeus pull a 180 degree turn in testimony today? in september he said it was videos and spontaneous demonstrations. today he said the cia knew all along it was a terrorist attack in libya. this story gets worse and worse, more and more complicated and we are going to parse through it. first up, with the fiscal cliff only 45 short days away, are we facing a stalemate or is there a new kissy huggy era coming to washington, d.c.? we've got two kissy huggy cnbc contributors. jared bernstein, former vice president, biden chief economist, and kissy huggy jim pethokoukis of the american enterprise institute. jimmy p., i love this new washington picture. and i don't want to be pessimistic. i want to be optimistic. maybe they can make a deal. but here's what i worry about, jimmy. here's what i fear. the republicans are conceding that they'll give a revenue -- a tax revenue portion by limiting deductions. but i don't see any spending
not long after, air raid sirens went off in jerusalem, and egypt sends its prime minister to the gaza strip in a show of solidarity with the -- and did general petraeus pull a 180 degree turn in testimony today? in september he said it was videos and spontaneous demonstrations. today he said the cia knew all along it was a terrorist attack in libya. this story gets worse and worse, more and more complicated and we are going to parse through it. first up, with the fiscal cliff only 45 short days...
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Nov 22, 2012
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how is egypt calling the shots in terms of the way the palestinians are reacting? >> reporter: well, on the one hand, one needs to remember when it came to trying to mediate deals between these two sides, egypt has always played something of a pretty critical and central role. what has changed now is the dynamics between egypt and israel after the arab spring, and after the fact that hosni mubarak, who was a staunch ally of the west and is no longer in power. and now the egyptians became an entity because of the fact they are led by the muslim brotherhood, became an entity significantly closer to the hamas leadership here in gaza. that really changed a lot of the dynamics and the way we've been seeing things play out on the ground. the dynamics of what is transpiring that led to the cease-fire, we'll have to wait and see if it holds. that is what has changed, most certainly, egypt, given the fact it is a very young government, has at least for now proven itself. in one sense it has passed that critical test. >> arwa damon, thank you very much. here now with a view
how is egypt calling the shots in terms of the way the palestinians are reacting? >> reporter: well, on the one hand, one needs to remember when it came to trying to mediate deals between these two sides, egypt has always played something of a pretty critical and central role. what has changed now is the dynamics between egypt and israel after the arab spring, and after the fact that hosni mubarak, who was a staunch ally of the west and is no longer in power. and now the egyptians became...
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Nov 23, 2012
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the bigger problem is that this occupation is not egypt's fault. it is israel's fault. and it's unreasonable to expect egypt or turkey or any other country to put pressure on palestinians. what should be done instead is quite the opposite. the united states is the largest funder of israel. the united states gives $3 billion a year in u.s. taxpayer money to israel in addition to weapons, in addition to political support. if we're going to be serious about moving forward, the role has to come from the united states, pressure from the united states. it's not enough to demand that it come from egypt. >> diana buttu, many thanks for your time. we appreciate it. >> my pleasure. >>> back in the u.s., get ou of the way because black friday is here. people spend long hours in line to score major deals this morning. >> it's affordable right now even if you have to be out here for two days to get it. >> it saves a lot of money like a few hundred dollars. >> cnbc's courtney reagan is in dayton, ohio. how is it going so far out there? >> reporter: you know, so far it looks pretty go
the bigger problem is that this occupation is not egypt's fault. it is israel's fault. and it's unreasonable to expect egypt or turkey or any other country to put pressure on palestinians. what should be done instead is quite the opposite. the united states is the largest funder of israel. the united states gives $3 billion a year in u.s. taxpayer money to israel in addition to weapons, in addition to political support. if we're going to be serious about moving forward, the role has to come...
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Nov 24, 2012
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egypt needs american capital. egypt needs the united states to help persuade other countries and coordinate other countries giving money to egypt to help the economy, and these kinds of steps makes it harder for the united states to do that. i think mohamed morsy understands that. i think he's looking at the u.s. reaction. and i think a measured but strong response is better than trying to shift the tides of history because i think ultimately, you can't shift tides but you can do a constructive set of steps that help people think more clearly about what they're doing. >> i know we're bouncing around a bit but i want to talk more about what's happening on the border with gaza and israel. this week, when the leader of hamas said that israel waved the white flag, he also said he was grateful to iran for their support. what is iran's role moving forward? >> well, nobody really knows that. i think if you thought that you saw spin rooms after the presidential debates i think you're seeing much more high-powered spin roo
egypt needs american capital. egypt needs the united states to help persuade other countries and coordinate other countries giving money to egypt to help the economy, and these kinds of steps makes it harder for the united states to do that. i think mohamed morsy understands that. i think he's looking at the u.s. reaction. and i think a measured but strong response is better than trying to shift the tides of history because i think ultimately, you can't shift tides but you can do a constructive...
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Nov 21, 2012
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this apparently was egypt's idea and secretary clinton congressmened mohammed morsi on what he has done, the constructive involvement he's had in this process, essentially brokers where they are now. but important to note this is a cease fire. it goes into effect in an hour and 20 minutes, but this is not a comprehensive deal. this doesn't address a lot of palestinian concerns about the blockade or their quality of life or for the israeli's safety and security in the future about these rockets that have been coming out of gaza. >> comes on a day obviously when we were looking at pictures of that bus bombing in h tel aviv. >> exactly. that's incredibly disconcerting for the people of this city. tas scene they've been many times before, but there hasn't been a bus bomb ng israel since 2004 or a terrorist attack since 2006 and seeing that scene on the ground today will be all too familiar for people. the problem is instead of rockets coming in, you're talking about people among us attacking us, it is a very disconcerting proposition, but those two events, the cease fire and this bomb this
this apparently was egypt's idea and secretary clinton congressmened mohammed morsi on what he has done, the constructive involvement he's had in this process, essentially brokers where they are now. but important to note this is a cease fire. it goes into effect in an hour and 20 minutes, but this is not a comprehensive deal. this doesn't address a lot of palestinian concerns about the blockade or their quality of life or for the israeli's safety and security in the future about these rockets...
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Nov 25, 2012
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the foreign minister of egypt, the foreign minister of turkey, the president of turkey wants to come. finally, hamas again driving their own narratives have withstood the military power of the middle east's most preeminent military force, israel. so hamas on this one stands to win. if you add to that the possibility that the israelis may well begin to open up and ease some of the economic restrictions, hamas' legitimacy for the 1.5 million palestinians who currently live in gaza without much hope for an economic future, that's going to deepen. the israelis, i think, though, have won. he has deepened his relationship with president obama. he's demonstrated he can have the israelis on his side. and they tested iron dome which frankly works very well. >> what did this do to better set the stage or better secure two states, a palestinian state and an israeli one? >> here, i think you really have a paradox and it's a cruel paradox. the leader in this is bosch. >> in what way? >> the palestinian looks like hamas. there are two leaders, two mini states, one in hamas and one in gaza. it is ha
the foreign minister of egypt, the foreign minister of turkey, the president of turkey wants to come. finally, hamas again driving their own narratives have withstood the military power of the middle east's most preeminent military force, israel. so hamas on this one stands to win. if you add to that the possibility that the israelis may well begin to open up and ease some of the economic restrictions, hamas' legitimacy for the 1.5 million palestinians who currently live in gaza without much...
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and yet crude's off 30 cents. >> in its own perverse way, the key countries are gaza, israel, and egypt which is somewhat destabilized by who's going on, are not really oil producers. we know it's the region and if you begin to hear threats popping up from iran and others that israel had better mind its ps and qs. we'll watch and see how it goes. >> republicans on the house panel investigating the clams of mf global are pinning the blame squarely on ceo jon corzine. >>> plus a group of america's healthy are pleading to be taxedmore. the so called patriotic millionaires on their second day of a two-day congress fenferenc. we'll see what garrett gruner says on taxation, he's worth nearly $100 million. that's next. [ male announcer ] when it comes to the financial obstacles military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa br
and yet crude's off 30 cents. >> in its own perverse way, the key countries are gaza, israel, and egypt which is somewhat destabilized by who's going on, are not really oil producers. we know it's the region and if you begin to hear threats popping up from iran and others that israel had better mind its ps and qs. we'll watch and see how it goes. >> republicans on the house panel investigating the clams of mf global are pinning the blame squarely on ceo jon corzine. >>>...
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Nov 27, 2012
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. >>> breaking news from egypt. thousands of protesters gathered in tahrir square. 6:15 at night there, many have been chanting step down in reaction to the decree issue by egypt's new president that grants him absolute power. the sixth straight day of protest after morsi issued his decree last thursday. earlier today, the protest turning violent on a street near tahrir square. at least three protesters have been killed since the weekend. nbc live from cairo. and the crowd in tahrir square has been growing, building over the past hours. explain what we're seeing now. >> reporter: well, behind me, probably tens of thousands of egyptians have gathered, been here since the early hours of the morning. in fact, some have been camped out for the past six days. many songs, chants, slogans reminiscent of two years ago, calling on the same things they did two years ago, which is for the president of egypt to step down. they've changed the name, obviously, to reflect egypt's new islamist president. you mentioned that incident
. >>> breaking news from egypt. thousands of protesters gathered in tahrir square. 6:15 at night there, many have been chanting step down in reaction to the decree issue by egypt's new president that grants him absolute power. the sixth straight day of protest after morsi issued his decree last thursday. earlier today, the protest turning violent on a street near tahrir square. at least three protesters have been killed since the weekend. nbc live from cairo. and the crowd in tahrir...
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Nov 19, 2012
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right now that president obama has indeed called israeli prime minister benjamin netanyahu, as well as egypt's president mohamed morsi ostensibly to discuss ways to get a cease-fire in the middle east. israeli inner cabinet is meeting as we speak. ayman, what is the latest live? gaza? >> reporter: well, there's a flurry of diplomatic activity all across the region. we understand that israel's top security officials known as the inner cabinet that includes the prime minister, the defense minister and other important figures are going to be convening within the hour to have a meeting to discuss possible offers that have been made by egyptian mediators regarding the truce coming out of gaza and their response to those offers coming out of egypt. more importantly, they're also going to chart what course of action the israeli government will undertake if indeed they reject or accept that truce offer. there are 30,000 soldiers that have been amassed across the border, 75,000 called up from the reservists. many people feel that's an ominous sign a ground invasion is eminent if indeed these truce talk
right now that president obama has indeed called israeli prime minister benjamin netanyahu, as well as egypt's president mohamed morsi ostensibly to discuss ways to get a cease-fire in the middle east. israeli inner cabinet is meeting as we speak. ayman, what is the latest live? gaza? >> reporter: well, there's a flurry of diplomatic activity all across the region. we understand that israel's top security officials known as the inner cabinet that includes the prime minister, the defense...
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Nov 17, 2012
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you had the prime minister of egypt today. egypt will be very careful not to break with israel, not to break camp david, of course, but nonetheless, it's opening up that border and it's going to be easier for ham parks s mrkhama rocket territory. i think that has them much more worried and much more willing and able to go into places like gaza to try to deal with the threat and deal with the ruse of a threat. >> nick, you mentioned the egyptian president. i want to you listen to a fiery speech he made today about the people of gaza and what egypt thinks. listen to this. >> reporter: we support the people of gaza. we are with them in their trenches. what hurts them hurts us. and the blood that flows from their children is our blood, too. >> riva, these are warlike words. is there any real danger here of this thing spilling beyond this? for all these warlike words between neighbors out there, does anyone else want to get into this fight if israel goes into gaza or will it be between gaza and israel? >> ij for right now we're see
you had the prime minister of egypt today. egypt will be very careful not to break with israel, not to break camp david, of course, but nonetheless, it's opening up that border and it's going to be easier for ham parks s mrkhama rocket territory. i think that has them much more worried and much more willing and able to go into places like gaza to try to deal with the threat and deal with the ruse of a threat. >> nick, you mentioned the egyptian president. i want to you listen to a fiery...
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Nov 16, 2012
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egypt is under fresh frpressuree americans. but clearly we're still in a situation where egyptian foreign policy is still evolving. so we're not quite sure what the rule of the games are. >> are you surprised there hasn't been more of a reaction in the markets? >> not at this stage. hartwe'll comment about how it will play out is accurate because we don't know with respect to the new administration. but there is potentially a chance it might direct israeli government thinking towards the idea that just constant cycle and recycle of violence doesn't solve the problem. there have baeen countless strikes since 1967. it doesn't solve anything and also doesn't make iz rally citizens any safe p. the idea that there are extare strategic installations, it's shenksly a big refugee camp. it almost seems overplaying it. so the influence of the egyptian government could be potentially benign. it may have put more restrained response and the idea that there might be some peace initiative. >> david, do you agree the situation could be more b
egypt is under fresh frpressuree americans. but clearly we're still in a situation where egyptian foreign policy is still evolving. so we're not quite sure what the rule of the games are. >> are you surprised there hasn't been more of a reaction in the markets? >> not at this stage. hartwe'll comment about how it will play out is accurate because we don't know with respect to the new administration. but there is potentially a chance it might direct israeli government thinking...
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Nov 22, 2012
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the two sides agreed yesterday to abide by an egypt brokered peace deal after eight days of fighting that left 130 palestinians and five israelis dead. overnight, thousands poured on to the streets to celebrate. joining us from tel aviv is m martin fletcher. martin, what is it like there did today following the cease fire and what hopes are there? >> well, those scenes you just saw in gaza, the celebration, you did at any time see that here in israel. there's a sense here there is nothing much to celebrate. the cease fire took effect 9:00 last night, israel time. so at least so far so good. it's all quiet. but the israelis have not yet sent for instance their children back to school, they said let's wait and see whether the cease fire real holds, whether there really will be no more rockets from gaza. at the same time, the israeli army which called up about 30,000 reserves, they're still on duty at the border. but they'll probably withdraw those reserves soon. the issue really although they reached a cease-fire, israel won't be launching a ground invasion of gaza. palestinians will s
the two sides agreed yesterday to abide by an egypt brokered peace deal after eight days of fighting that left 130 palestinians and five israelis dead. overnight, thousands poured on to the streets to celebrate. joining us from tel aviv is m martin fletcher. martin, what is it like there did today following the cease fire and what hopes are there? >> well, those scenes you just saw in gaza, the celebration, you did at any time see that here in israel. there's a sense here there is nothing...
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Nov 14, 2012
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we saw egypt pull the ambassador from israel. and this is not the normalal lobbing missiles back and forth. this is something very different. i bought oil on this. i bought rent oil and that is the way to play it. >> what are other plays? >> i was surprised oil didn't give us more. this was a meager response when there is a box in syria and we are not seeing a bid to oil and commodities. cftc longs in the commodity space are three-month lows. copper is a space i want to sniff around. >> house speaker boehner is speaking responding to the president. >> united and focusing on their top priority which is jobs. i'm proud of my leadership colleagues who have been elected today to serve as our leaders of the next conference. while we have some of us returning to the leadership we have new members. and you will get to hear from them in a moment. our majority is a primary line of defense for the american people against the government that spends too much, borrows too much and left unchecked. i have outlined a framework for how both parti
we saw egypt pull the ambassador from israel. and this is not the normalal lobbing missiles back and forth. this is something very different. i bought oil on this. i bought rent oil and that is the way to play it. >> what are other plays? >> i was surprised oil didn't give us more. this was a meager response when there is a box in syria and we are not seeing a bid to oil and commodities. cftc longs in the commodity space are three-month lows. copper is a space i want to sniff...
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i'm not a gae owe political expert on places like egypt, but the whole nature of the region 45s chan has changed to some extent. we're dealing with an additional level of uncertainty. that means that whereas previously you would have had someone like egypt as a broke he, they may be more one-sided now and have opinions of their own. we can remain hopeful, but there is that risk. >> charles, thank you very much for joining us here. head of market strategy at lloyds bank wholesale banking and markets. on today's show, we'll have more on on the escalating tensions in the middle east. we'll be live in tel aviv in right around 15 minutes time for a view from the ground. switzerland is where xtrata will have a slowdown tomorrow, we'll find out why bonuses become a key point of contention. and we'll be live in athens to find out if we can finally expect resolution on the country's next tranche of aid this week. and we track a bond making an aggressive bet on recovery. that happens at 11:20 cet. president obama made a his tore rig stop in myanmar. the six hour visit marks the first for a ser
i'm not a gae owe political expert on places like egypt, but the whole nature of the region 45s chan has changed to some extent. we're dealing with an additional level of uncertainty. that means that whereas previously you would have had someone like egypt as a broke he, they may be more one-sided now and have opinions of their own. we can remain hopeful, but there is that risk. >> charles, thank you very much for joining us here. head of market strategy at lloyds bank wholesale banking...
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Nov 23, 2012
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this is egypt today. thousands of people furious at their new president and crowding the streets of squares to show it. here's what they're angry about. president mohammed
this is egypt today. thousands of people furious at their new president and crowding the streets of squares to show it. here's what they're angry about. president mohammed
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Nov 26, 2012
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good to see you. >> you too. >> egypt. now, perhaps morsi felt empowered by his role as a peacemaker on gaza, but he ran right into long-standing traditions. >> he did. he did. i think bear in mind a couple of things. number one, he felt that the role he played made him a central figure in the region as a whole. in mubarak's last few years, the fact was mubarak was increasingly on the sidelines, not playing a major role in the middle east. here's president morsi thinking he can play on the image they are a leader in the region and he can use that as a device to make a move internally. he made that move but i think it's a clear miscalculation because he took on the independents of the judiciary. it doesn't matter that. these were leaders who were holdovers from the mubarak regime, they still represented a symbol of independence. suddenly he was trying to remove all checks on his own power. >> so you're suggesting he's going to have to find a face-saving way to step back from this brink? >> i do think that there's a -- the b
good to see you. >> you too. >> egypt. now, perhaps morsi felt empowered by his role as a peacemaker on gaza, but he ran right into long-standing traditions. >> he did. he did. i think bear in mind a couple of things. number one, he felt that the role he played made him a central figure in the region as a whole. in mubarak's last few years, the fact was mubarak was increasingly on the sidelines, not playing a major role in the middle east. here's president morsi thinking he...
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on the other hand, the president of egypt has made clear he doesn't want to throw over the israel/egypt peace agreement. how far can he go in supporting hamas without getting rid of that agreement or undermining it in a fundamental way? i expect him to go quite far. >> do you think the election affected the timing of this. did hamas step up its attacks to test the obama administration? did netanyahu act waiting for romney to be elected and not seeing that. >> it's hard to know. i can't get quite in their heads. in that part of the world they're aware of the american political calendar, as everyone is, and there is a sort of freezing of decision making in this period leading up to an american election. let's face it, a president romney would have been a very different approach. >> and probably preferred by netanyahu. >> it's seen that way. paezble to that hamas is testing -- had waited to test until now. the truth is that the arab spring has many, many positive qualities for us in the west. the possibility that the people in that part of the world will be connected with their leadership.
on the other hand, the president of egypt has made clear he doesn't want to throw over the israel/egypt peace agreement. how far can he go in supporting hamas without getting rid of that agreement or undermining it in a fundamental way? i expect him to go quite far. >> do you think the election affected the timing of this. did hamas step up its attacks to test the obama administration? did netanyahu act waiting for romney to be elected and not seeing that. >> it's hard to know. i...